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Nissan seeks to block Ghosn's access to apartment in Rio

Nissan said it was seeking to block former chairman Carlos Ghosn's access to an apartment in Rio de Janeiro, citing a risk that the executive, arrested and removed from his role for financial misconduct, may remove or destroy evidence.

Source: Reuters: Business News | 10 Dec 2018 | 1:17 pm(NZT)

Albert Frère, 92, Belgian Master of Multinational Mergers, Dies

He parlayed the profits of his father’s nail factory into an investment portfolio worth billions.

Source: NYT > Business | 10 Dec 2018 | 1:07 pm(NZT)

'The wrong investors can lead to meltdown'

Choose investors carefully as "the wrong ones can lead to meltdown", says CEO Nikolay Piriankov.

Source: BBC News - Business | 10 Dec 2018 | 1:03 pm(NZT)

'I was divorced and missed having company'

How Rupert Hunt created flat-sharing website SpareRoom, and then ended up needing to use it himself after his marriage ended.

Source: BBC News - Business | 10 Dec 2018 | 1:02 pm(NZT)

Called the wrong name at work? Awkward...

What should you do when someone gets your name wrong in the professional sphere?

Source: BBC News - Business | 10 Dec 2018 | 1:02 pm(NZT)



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Huawei CFO seeks bail on health concerns; Canada wants her in jail

A top executive of China's Huawei Technologies Co Ltd [HWT.UL] argued that she should be released on bail while awaiting an extradition hearing, citing fears for her health while incarcerated in Canada along with other factors, court documents showed on Sunday.

Source: Reuters: Business News | 10 Dec 2018 | 1:00 pm(NZT)

November shopper footfall down as Black Friday bites

The Black Friday effect is driving more shopping online for a longer period, retail researchers say.

Source: BBC News - Business | 10 Dec 2018 | 1:00 pm(NZT)

Stocks extend decline as trade woes batter sentiment

Stocks extended their slump in early Asian trade on Monday, with U.S. equity futures off to a softer start for the week as worries over U.S.-China trade tensions battered investor sentiment.

Source: Reuters: Business News | 10 Dec 2018 | 12:57 pm(NZT)

Mediator: Trump’s Tawdry Tabloid Sagas Reveal Weightier Themes

In taking on Michael Cohen, federal prosecutors find unexpected meaning in the scandals involving Stormy Daniels and Karen McDougal.

Source: NYT > Business | 10 Dec 2018 | 12:52 pm(NZT)

A Struggling Desert Town Bets Its Future on Pot

Nearly every block in Needles, Calif., has a run-down building being renovated by a cannabis business. Community leaders have welcomed them.

Source: NYT > Business | 10 Dec 2018 | 12:39 pm(NZT)



Hong Kong on track for global IPO crown but many new listings sag

Hong Kong is on course to take the global IPO crown this year for the most money raised in stock market flotations, narrowly ahead of arch-rival New York, but its new listings have posted the worst performance among leading bourses, data show.

Source: Reuters: Business News | 10 Dec 2018 | 12:38 pm(NZT)

Huawei CFO seeks bail, cites health fears behind bars: court documents

A top executive of China's Huawei Technologies Co Ltd [HWT.UL] argued that she should be let out on bail while awaiting an extradition hearing due to severe hypertension and fears for her health while incarcerated in Canada, court documents released on Sunday showed.

Source: Reuters: Business News | 10 Dec 2018 | 12:32 pm(NZT)

China Tries to Balance Anger Over Huawei Arrest With Warmer Trade Ties

China is pushing hard for the release of a tech executive, while still trying to follow up on President Trump’s recent truce in trade frictions.

Source: NYT > Business | 10 Dec 2018 | 12:30 pm(NZT)

Podcasts Are Getting Newsier. Here Are 8 New Ones Worth a Listen.

Before ‘The Daily,’ five-day-a-week podcasts on current events were a rarity. Now ABC News, Vox, The Washington Post and other news organizations have gotten in on the game.

Source: NYT > Business | 10 Dec 2018 | 12:23 pm(NZT)

U.S. says March 1 'hard deadline' for trade deal with China

U.S.-China trade negotiations need to reach a successful end by March 1 or new tariffs will be imposed, U.S. Trade Representative Robert Lighthizer said on Sunday, clarifying there is a "hard deadline" after a week of seeming confusion among President Donald Trump and his advisers.

Source: Reuters: Business News | 10 Dec 2018 | 11:05 am(NZT)

Yellow vest protests 'economic catastrophe' for France

Paris has been particularly badly hit, with cars burned, shops looted and major tourist sites closed.

Source: BBC News - Business | 10 Dec 2018 | 9:27 am(NZT)

Interserve: Major government contractor seeks second rescue deal

Interserve, which provides services in prisons, schools and hospitals, is struggling with £500m debts.

Source: BBC News - Business | 10 Dec 2018 | 8:33 am(NZT)

‘Aquaman’ Is Already a Box Office Titan

The superhero movie took in $94 million in China, validating a risky distribution strategy. It arrives in the United States and Canada on Dec. 21.

Source: NYT > Business | 10 Dec 2018 | 8:11 am(NZT)



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Red-hot U.S. jobs market drives some to seek cooler options

When Sean Luangrath joined Pocatello, Idaho-based Inergy Solar a few years ago, the plan was to move the portable solar battery maker to his home base of Salt Lake City so he could build it with easy access to Silicon Slopes' tech talent and venture capital.

Source: Reuters: Business News | 10 Dec 2018 | 5:19 am(NZT)

Huawei arrest: China demands Canada free Meng Wanzhou

The foreign ministry demands Canada release CFO Meng Wanzhou, who faces fraud charges in the US.

Source: BBC News - Business | 10 Dec 2018 | 4:23 am(NZT)

Volkswagen denies allegations chairman knew early about emissions cheating: report

Volkswagen has denied allegations that Chairman Hans Dieter Poetsch knew about the carmaker's emissions test cheating almost three months before U.S. authorities made it public in September 2015.

Source: Reuters: Business News | 10 Dec 2018 | 3:21 am(NZT)

In Britain, a Team Effort to Help Local News Survive

To support local newspapers and news sites, the salaries of nearly 150 reporters are being paid through Britain’s TV license fee, which finances the BBC.

Source: NYT > Business | 10 Dec 2018 | 2:00 am(NZT)

With Interest: The Week in Business: The Emails Facebook Doesn’t Want You to See

Whiplash on Wall Street, and OPEC and Russia agree to cut oil production. And Britain's Parliament votes on Brexit, and Uber resumes tests of its self-driving cars.

Source: NYT > Business | 10 Dec 2018 | 1:00 am(NZT)

Twitter CEO Jack Dorsey criticised for 'tone deaf' Myanmar tweets

Jack Dorsey is accused of ignoring the persecution of the country's Muslim Rohingya minority.

Source: BBC News - Business | 10 Dec 2018 | 12:15 am(NZT)

O2 'to seek millions' in damages over data outage

The mobile phone operator is understood to be demanding damages from supplier Ericsson.

Source: BBC News - Business | 10 Dec 2018 | 12:09 am(NZT)

A Yacht, a Monet, a See-Through Piano: The U.S. Collects on a Fugitive’s Shopping Spree

The government is trying to recoup the many assets of Jho Low, a Malaysian financier at the center of an international fraud case who had very expensive tastes.

Source: NYT > Business | 9 Dec 2018 | 9:00 pm(NZT)

China urges Canada to free Huawei CFO or face consequences

China warned Canada on Saturday that there would be severe consequences if it did not immediately release Huawei Technologies Co Ltd's [HWT.UL] chief financial officer, calling the case "extremely nasty".

Source: Reuters: Business News | 9 Dec 2018 | 6:35 pm(NZT)

How the star of Sheryl Sandberg dimmed

Facebook is in crisis. And the firm's chief operating officer, once the golden girl, is taking the heat.

Source: BBC News - Business | 9 Dec 2018 | 2:43 pm(NZT)

Exclusive: Odebrecht Peru agrees to plea deal with Peruvian authorities over bribery scandal - sources

Brazilian builder Odebrecht’s Peruvian unit has signed a deal with Peruvian authorities to pay a multimillion dollar fine that will allow it to continue operating in the country in return for providing evidence about officials it bribed, three sources related to the matter told Reuters on Saturday.

Source: Reuters: Business News | 9 Dec 2018 | 11:46 am(NZT)

Uber makes confidential filing for long-awaited IPO

Uber Technologies Inc has filed paperwork for an initial public offering, according to three people with knowledge of the matter, taking a step closer to a key milestone for one of the most closely watched and controversial companies in Silicon Valley.

Source: Reuters: Business News | 9 Dec 2018 | 11:07 am(NZT)

Toxic Smoke Is Africa’s Quiet Killer. An Entrepreneur Says His Fix Can Make a Fortune

Eric Reynolds is betting his wood-pellet stove — and his company’s distribution system — can make billions by rescuing some of the poorest people on earth from toxic smoke.

Source: NYT > Business | 9 Dec 2018 | 7:19 am(NZT)

What These Medical Journals Don’t Reveal: Top Doctors’ Ties to Industry

Academic research publications rely on doctors to voluntarily disclose their payments from drug and health companies in a lax reporting system some say is broken.

Source: NYT > Business | 9 Dec 2018 | 4:09 am(NZT)

Julius Baer in talks with Santander over Venezuela business: sources

Swiss private bank Julius Baer is in talks about transferring its Venezuelan book of business to Spain's Banco Santander as Baer reorganizes operations in Latin America, sources close to the situation have told Reuters.

Source: Reuters: Business News | 9 Dec 2018 | 3:59 am(NZT)

Gender letter: Does ‘Having It All’ Mean Doing It All?

Plenty of new research underscores the reality that women are still shouldering, and expected to shoulder, much of the work associated with the home.

Source: NYT > Business | 9 Dec 2018 | 2:16 am(NZT)

Wall Street ends lower after a down week

A cluster of concerns has cast markets into turmoil.

Source: BBC News - Business | 8 Dec 2018 | 11:06 am(NZT)

Huawei: The rapid growth of a Chinese champion in five charts

China's tech giant leads the market for telecoms infrastructure, and is second only to Samsung in smartphone sales.

Source: BBC News - Business | 8 Dec 2018 | 11:00 am(NZT)















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